The Illinois Bankruptcy Lawyer Blog

In re Tekena USA, 09-16969

November 24, 2009 · Leave a Comment

In re Tekena USA, LLC, 09-16969
Issued: November 19, 2009
Judge: Jacqueline P. Cox
Summary: The Court grants Creditor’s Motion to Dismiss. The Court agrees with Movant’s allegations that Debtor’s petition violated § 1112 (b) of the Bankruptcy Code’s “Good Faith” requirement for Chapter 11. Movant has proven by a preponderance of the evidence that dismissal is justified.

View and download the opinion in PDF format here.

Categories: 1112(b) · bad faith · bankruptcy · ch 11 · cox · dismissal · opinion

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